Please see, respectively, “Supervisory Board” and “Exectuive Board” below for a more in-depth description of each board type, including how to change the respective board members.

For a description of how to change the respective board members, please see the individual steps below. As all information on how to change board members in
Estonia on the LCB Site by nature is generic (i.e. does not include specific requirements for listed companies, special requirements in statutory documents
or as otherwise stipulated in any type of special law), we strongly recommend seeking legal advice
before actually changing any board members in Estonia.

Pursuant to the Estonian Commercial Code, a Private Limited Liability Company may have one of the following organizational structures:

Please see, respectively, “Supervisory Board” and “Executive Board” below for a more in-depth description of each board type, including how to change the respective board members.

For a description of how to change the respective board members, please see the individual steps below. As all information on how to change board members in
Estonia on the LCB Site by nature is generic (i.e. does not include specific requirements for listed companies, special requirements in statutory documents
or as otherwise stipulated in any type of special law), we strongly recommend seeking legal advice
before actually changing any board members in Estonia.

Which board type are you looking for?

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Ellex Raidla has provided all input about changing board members in Estonia.

Ellex Raidla is a leading and the highest ranked law firm in Estonia, established in 1993. Ellex Raidla is one of the few firms in Estonia that is endorsed in Band 1/Tier 1 category by all the major law firm directories and the only firm that is endorsed in Band 1 by Chambers Europe in both areas – disputes and transactions. Ellex Raidla belongs to a circle of strongest law firms of the Baltics – Ellex.

For more information about Ellex Raidla and changing board members in Estonia, please contact our Partner directly.